February 19, 2022
1 min read

‘Int’l aid alone will not save Afghanistan’

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks…reports Asian Lite News

Geneva Call, an independent humanitarian organisation, has said that the humanitarian situation in Afghanistan is dire and warned that if cash does not reach soon, poverty and misery will increase in this country.

In an exclusive interview with TOLO News, head of the organisation, Alain Deletroz, said that humanitarian aid alone will not prevent the crisis in Afghanistan and that the country’s economy needed to become healthier as more money was provided.

“As a humanitarian organization we avoid commenting on political issues, but what we keep saying and telling our donors, if there is no money coming to Afghanistan at all, the humanitarian situation will be increasing,” he said.

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks

Meanwhile, the Wall Street Journal said in a report that Biden’s executive order to distribute $7 billion of Afghan assets to the families of 9/11 victims is another blow to the country’s declining economy.

“The Biden administration’s decision to effectively seize the Afghan central bank’s foreign reserves is likely to deepen Afghanistan’s already devastating economic crisis, according to Afghan bankers and economists and international aid workers,” the report reads.

After the collapse of the previous government, world aid to Afghanistan halted, and the imposition of sanctions on the Islamic Emirate has put the country on the brink of a complete economic collapse.

ALSO READ: Top US general warns of ISIS presence in Afghanistan

Previous Story

Ukraine’s breakaway territories in military mobilisation

Next Story

Germany, France tell citizens to leave Ukraine

Latest from -Top News

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

Reeves urged to break manifesto pledges

Chancellor under pressure as £40bn fiscal gap looms, with critics warning against a “pasty tax” budget of piecemeal revenue raisers…reports Asian Lite News Rachel Reeves is facing growing unease inside Labour’s ranks

Starmer to Visit India on Wednesday

UK and India to cement strategic ties with new free trade agreement and deeper cooperation across defence, technology and climate Prime Minister Keir Starmer will make his first official visit to India

UAE, India join on child services

The United Arab Emirates and India have opened discussions to enhance cooperation in integrated child development services, focusing on early childhood education, nutrition, and child participation initiatives. The talks took place on
Go toTop

Don't Miss

OIC Snubs Pak Plot To Let Taliban Access Aid Funds

It is unclear if the decisions made by the OIC

OIC meet on Afghanistan kicks off in Pakistan

Pakistan Prime Minister Imran Khan will deliver the keynote address